Cityplace is very much the same as the high park neighbourhood of high rises in the way that the hong kong crowd hangs out with the hong kong crowd, the english white canadians hang out with the english white canadians. I, for one, hang out with the other homos in the building.
There are community events that take place on a daily and weekly basis. Movie nights, Yoga, swimming lessons, basketball games, volleyball games, ping pong games, trips to casino niagara, running groups, knitting lessons, scrapbook collecting etc.... There is a community base in these towers despite how the media makes it seem.
I believe the high turnover rate is mostly due to when a new tower becomes occupied many of the people moving in quickly decide that the building does not suit their taste for whatever reason and decide to sell. Much like any new condo tower. It has a settling period of a few years.
The fact of the matter is the older buildings (Matrix A) is having a lower turnover rate than two years ago over even one year ago.
For example right now there are only 2 units for sale in Matrix B and only 4 units for sale in Matrix A. Also, for the past several months no units have been for sale in Matrix A at all.
To put that in perspective the Soho met condominiums currently have 6 units for sale, Harbourview Estates building A has 4 units for sale, Harbourview Estates building B has 9 units for sale, and College Park Building A currently has 5 units for sale.
I think it is safe to say, on average, newer buildings have higher turnover rates due to investors, and people who bought off plans who didn't know what 516 sq.ft. actually looked like.
This area will mature and grow and will develop into a neighbourhood. Right now it is still a massive construction site. Give it a few years. There certainly is more life now than there was a year ago.